I think the big question on traders' minds now is is this the beginning of the end Is this the end of this long run-up
More Quotes from Michael Boss:
We're still trading on the defensive and seeing more selling. As it appears, this second-quarter slowdown could be a mirage.Michael Boss
I would suspect we'll go out with a whimper.
Michael Boss
It's been a long bull run with yields lower, and we're just seeing a few chinks taken out of the bond market's armor.
Michael Boss
I've heard horror stories about how illiquid the market for mortgage-backed securities is.
Michael Boss
It's the same thing day in and day out. There's nothing really new.
Michael Boss
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